Steve Coveys second habit is “Begin with the end in mind” – this means every decision we make in business should be made considering our ultimate exit strategy. “Begin with the end in mind” – sounds really simple but unfortunately most people lose sight of the strategic management of their business – and this vital habit end sup not being followed by business owners who are so entrenched running their… Read more
The unfortunate reality is most business owners don’t take proper holidays. Usually this is because their business relies on them and they don’t have the support to keep the business running without them. As a business owner, have you ever considered what would happen to the business if you had to take a six months break because of a serious illness or injury? Would the business survive? How would the… Read more
According to recent research, a staggering two thirds of US millionaire-owned businesses are operating without a succession plan—and even fewer small business owners around the globe are prepared for their CEO’s eventual exit. Recent stats from PWC Global show that family owned businesses are no more prepared: 43% don’t have a succession plan in place, and only 12% survive to the third generation. No matter whether your company has one… Read more